"The social system of private property and limited government is the only system that tends to debarbarize all those who have the innate capacity to acquire personal culture."
~Ludwig von Mises

Feb 18, 2009

Peter Schiff on competing with Asians

It has to do with government. You know, we used to kick their asses - when we had small government, sound money, and less intervention. The reason they're beating us is because we have more government than they do. We have a bigger obstacle to overcome.